According to Lia Sophia Creative Director Elena Kiam, the company will be winding down their operations in the US and Canada and cease operations by the end of February.

Lia Sophia was originally launched as "Act II Jewelry", later renamed "Lady Remington", and finally "Lia Sophia" in 2004 after the CEO's two daughters.

Lia Sophia is liquidating its jewelry line at up to 50 percent off when purchased through representatives.